St. Paul daily globe., 1887-10-14
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A RTICLES OF INCORPORATION OF
"A St. Peter Street Improvement Company
know all men by these presents That we.
the undersigned, do hereby associate, under
ana according to the provisions of title 2 of
chapter "a, of the General Statutes of the
state OF Minnesota, for the purpose of form
ing corporation as hereinafter stated. and
to that end do hereby adopt the following
articles OF Incorporation:
Article 1.-The name of said corporation
Shall be "St. Peter Street improvement Com
pany.' The general nature of its business
snail be the buying, owning, improving. sell
ing and dealing in lands, tenements and
hered1aments. real, mixed and personal es-
tate and property; the principal place of
transacting said business shall be the city of
St. Paul, in the county Of Ramsey, and state
of Minnesota.
Art 1.-THE time of commencement of
said corporation shall be Oct 10. 1897 The
period of its continuance shall be thirty
years.
Art. III.-The amount of capital stock Of
said corporation shall be $500, 200; the same
shall be paid in cash or in lands at such
times and from time to time and in such
manner as the bylaws shall prescribe, pro-
Vlded that 70 per cent. of said stock may be
called by the directors on or prior to the Ist
day OF August, 1888 or in monthly install.
menis OF 10 per cent. of the amount of each
subscription, beginning March 1, 1888; pro-
vlded further, that not more than 20 per
cent of each subscription shall be called in
prior to said 1st day of August, 1888.
.
ness or liability to which said corporation
600.
Art. V.-The names and places OF residence
OF the persons forming said association for
incorporation are as follows j. Royal Nc
Murran, Henry Hutchinson, John F. Fulton,
II. j. HodgSon, A. G. Potstlethwaite, Daniel
Il. McEwen and Henry Z. Wedelstaedt, and
they all reside in the city of st. Paul afore-
said.
Art. VI.-The names of the first board of
directors OF said corporation are as follows:
J; Royal, McMurran, Henry Hutchinson, John
+. Fulton, E. j. Hodgson, A. g. Postlethwaite,
Daniel ID. McEWen and Henry Z. Wedel-
staedt. The government of said corporation
and the management of its affairs shall be
vested In board of seven directors, which
snail be composed until the first annual meet
ing OF the persons last above mentioned: and
at SAID annual meeting, which shall be held on
the second Tuesday of May in each year here
after, such board of directors shall be
elected The officers of said corporation shall
be president, vice president, a secretary and
a treasurer, all Of whom, except the secretary,
shall be stockholders Until the first annual
meeting j. Royal McMurran shall be presi-
dent, John f. Fulton shall be vice president
and A. g. Postlethwaite shall be treasurer of
said corporation.
Art. VII.-The number of shares in the
capital stock of said corporation shall be
1000, and the amount of each share shall be
500. ---'---
In testimony whereof we have hereunto set
our hands and seals this 24th day OF Septem-
Der, A. u. 1897.
j. ROYALL McMURRAN, rseaI1
HENRY HUTCHINSON, fSeal.
JOHN F. FULTON, fSeal.t
E. j. HODGSON, fSeaIi
A. G. POSTLETHWAITE. fSeal
DANIEL H. MCEWEN, fSeal.1
HENRY E. WEDELSTAEDT, fSeaI.t
In presence of
w. L. MCMURRAN,
SAM'L MCMURBAN. I